Stakelogic BV has agreed to sell 100% of its equity shares to Japanese entertainment conglomerate, SEGA Sammy Holdings Inc for an upfront enterprise value of €130m and an earnout payment subject to certain performance measures being met.
The transaction combines Stakelogic’s catalogue of online slot games, live casino studio capabilities, fast-growing hybrid game offering and in-house game development factory with SEGA Sammy’s global distribution platform.
Stephan van den Oetelaar, who will continue as CEO of Stakelogic after the acquisition, says: “SEGA Sammy and Stakelogic share the same passion for online entertainment, innovation and technology.
“Together with SEGA Sammy, Stakelogic will be able to grow its international operations much faster. As part of Sega Sammy, we will have the execution power to become one of the leading players in the iGaming B2B industry.”
Koichi Fukazawa, Senior Executive VP & Group CFO of SEGA Sammy, adds: “SEGA Sammy Group aims to establish a presence as a creative B2B solution provider based on innovative technology, especially in the North American online gaming market. I am very pleased to announce our alliance with Stakelogic, an innovative and leading content provider in the Dutch gaming market, as a crucial part of executing this strategy.
“We are confident that Stakelogic’s ability to rapidly develop and provide unique, high-quality gaming content will make a significant contribution to the implementation of our strategy and create excellent synergies through combining with the strengths of our group.”
The sale is expected to close by the second quarter of 2025.